NNPC & PVDSA Specs. Barrels and metric tons (shipments modalities specified in contract).
Brazilian white sugar icumsa 45 and soybeans. also have direct source for crude oil blco (bonnie light crude oil ).
Crude oil, wti plats 3, blco, espo, saudi arabian light crude, en590 ,a1jet fuel , diesel, gasoline, kerosene fuels from kazakhstan, sugar.
Specific Gravity at 150c, kg/1 ASTMD1298/P 0.8397-9.8498 API at 60 Degrees F ASTM Table 51 34 - 37 Salinity ASTMD 4006/1P 358 4.7 P.T.B @60 degrees F Color Dark Brown BS & W Content [Vol. %] ASTMD 473/1P 53 0.25 Average Sulfur %WT ASTMD 0.14% wt Pour Point Degrees F ASTMD 97/1P.15 40º[F] Degrees F Water Content: 0.2% Vol. Max REID Vapor Pressure: 6.52PSIG 2million barrels per shipment
Crude oil 2000000 bbls per month on CIF /TTO terms
Nigerian Bonny Light crude oil
Crude oil
Nnpc gas products such as blco, en590 diesel, lpg, lng, a7 aluminum ingot, iron ores, minerals, steam coal, sugar, white rice, long grain rice, japnoica rice, jasmine rice.
Bonny light crude oil, blco, agricultural commodities, en590, jet fuel, jet a1, lco, jet a1, jp 54, en590 10ppm, 50ppm, 500ppm, gasoil d2, d6, lng, lpg, urea, petcoke, octane, automotive gas oil, ago & others.
Gravity,API° : 35.30 Gravity SG : 0.85 Sulfur,wt% : 0.15 Total Nitrogen ppm : 1084.85 Acid Number,mg KOH/g : 0.23 Pour Point,°C : -11.48 Charact. Factor (K-FACTOR) : 11.72 Viscosity,cSt at 40°C (104°F) : 3.28 Viscosity,cSt at 50°C (122°F) : 2.73 Vanadium,ppm : 0.44 Nickel,ppm : 4.13 MCR,wt% : 1.24 Ramsbottom Carbon,wt% : 1.02 Asphaltenes,CH.C7)wt% : 0.01 Barrels
En590 diesel, jet a1 aviation fuel, blco, crude oil, ago, lng.
1. Aviation Jet Fuel A1 2. Aviation Jet Fuel JP 54 3. EN590 10 ppm FOB Rotterdam, Fujairah, Houston Minimum 1,000,000 bbl Maximum 5,000,000 bbl No upper limit PROCEDURE ------------------ TRANSACTION PROCEDURES FOR FOB DELIVERY 1. Buyer accepts seller working procedure and issues ICPO with company registration certificate alongside copy of passport page 2. Seller issues commercial invoice (CI), Buyer signs and returns back commercial invoice. 3. Seller issue TSR with GPS coordinate to Buyer Company, 4. Buyer contacts the Seller's storage facility for tank extension to enable Buyer approval to gain access to the facility and execute the Quality & Quantity Inspection in Seller Tank Farm for FRESH Analytical Report/Result by SGS. 5. After successful DIP test, (NCNDA/IMFPA) will be signed by all parties. 6. Seller injects product into Buyers vessel or injects into Buyers tanks Buyer or buyer take over the storage tanks, within maximum 48 hours Buyer pays via MT 103/TT for the spot transaction and seller issues all export documents to buyer. 7. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction. Payment Terms : LC / SBLC / MT 103/TT ---------------------------------------------------------------------- Commodity: Bonny Light Crude Oil (BLCO) Grade: NNPC STANDARD Origin: NIGERIA BLCO Quantity: Initial 1 million or 2 million barrels. Contract: 1year + 2 further years rolling Term: SPOT LIFT / OFF OPEC Price: Dated Brent 3days Before & 3days after the bill of lading $12 Less $5 GROSS $9:00 to buyer, $4:00 to buyer/seller mandate/agents, $1:00 to consultant/handler.
We are direct seller using a very simple procedure with a full transparency for the buyer: 2 Mio Barrel / Month ( 12 Months contract ) TTO GHANA WATERS: Seller and Buyer sign and seal the Contract ( including indemnity Clause ) and including their banking co-ordinates and exchange the signed copy by electronic mail. The electronically signed copy by both Parties shall be considered legitimate and legally binding and enforceable on both Parties. Both parties shall deposit copies of the Contract with their respective banks. The SPA shall include an indemnity. Buyer issues POF. Buyer issues NOR/ETA and ATB details, Super Cargo/Inspection Details Maximum two person/s {International Passport, Passport Photograph/Identification Cards etc} Seller instructs the loaded Vessel Captain to proceed to the Buyers Location in Ghana Waters (10 â?? 12 Nautical Miles) for Q&Q as Buyer's representative and Sellerâ??s representative must be in Ghana physically to confirm the vessel/product and Buyerâ??s Project Management team shall acknowledge the NOR/ETA explicitly indicating readiness to receive product on behalf of Buyer with copy to Seller. Expenses of buyer's representative for the buyer's account and expenses of seller's representative for the seller's account. The Captain of the laden vessel shall call the Harbor Master and introduce himself as carrying a product {BLCO} meant for this buyer's Company. The harbor Master/the Captain will agree based on safety reason/s on the location for Q&Q (in this case 10-12 nautical miles offshore Tema) and the approved security outfit in Ghana moves in to guard and protect the Vessel. Upon confirmation of loaded Vessel NOR etc. Buyer will proceed to do Q & Q on board. Authorization to Board [ATB] will be issued to Buyers nominated Surveyors to conduct the dip test/shore tank calibration and the Report shall be given to both Buyer and Seller respectively. Buyers Inspection Team will board at the Buyers expense. After succesful Q & Q Buyer raises SBLC for entire cargo value. $500,000 for logistics and documentation will be part of the payment. Seller introduces buyer to vessel handlers for a re-charter. Title is transferred and final payment is made via KTT Wire transfer or MT103. Pay is simultaneously made to agents and intermediaries. Buyer takes over vessel and vessel sails to port of discharge / destination. Transaction revolves for 12 Calendar months with provision for rolls and extension. NB: IF THE CRUDE OIL DELIVERED UNDER THIS CONTRACT IS FOUND TO BE A DIFFERENT CRUDE OIL GRADE OTHER THAN BLCO, THE BUYER RESERVES THE RIGHT TO REJECT THE CARGO.
1. BUYER issues LOI with full company KYC including: Company Details, Contact Details for Signing Authority, and Passport Facing Page.2. SELLER issues Soft/Full Corporate Offer SCO/FCO) including: Full Company Details, Contact Details for Signing Authority, Passport Facing Page, and Company Banking Details.3. BUYER accepts terms and issues Irrevocable Corporate Purchase Order (ICPO) addressed to the SELLER. ICPO MUST include SELLERâ??S procedures on BUYERâ??S official company letterhead.4. Included with ICPO, BUYERâ??S Bank issues a BCL/POF/RWA bearing the SCO REF Number: SCOKVPL0524001 a. BUYER authorizes SELLER and/or SELLERâ??S Financial Service Provider to verify BCL/POF/RWA via BUYERâ??S Bank. 5. SELLER issues PPOP upon successful verification of BUYER bank BCL/POF/RWA. Documents included in the PPOP document package are:a. SELLER Bill of Lading b. Loaded SGS Report Q&Q -(Notarized).c. Chief Officers Ullage report-(Notarized) d. SELLER Charter Party Agreement (CPA) e. Product Passport (product analysis report) -(Notarized) f. Certificate of Origin -(Notarized) g. Statement of Product Availability -(Notarized) h. Commitment and Assurance Letter to supply -(Notarized) i. Authority to sell and collect (ATSC) -(Notarized) 6. End-to-end procedure after issuing PPOP is NOT expected to exceed TEN (10) working days, including 96 hours for vessel loading laycan. 7. Included with PPOP, SELLER issues Commercial Invoice (CI), and NCNDA / IMFPA to BUYER. 8. The BUYER signs and returns the executed documents to the SELLER. If the documents are not executed in a timely fashion. The SELLER may terminate this agreement without prejudice to any rights or remedies of the SELLER. Notice will be in writing. 9. After safely receiving the PPOP and returning the executed CI and documents. The BUYER MUST issue either MT 700 DLC or MT 799 BLOCKED FUNDS to the full value of commercial invoice amount. 10. Additionally, the BUYER MUST present his vessel for loading in the nominated port and be ready within 24 Hrs to load the full cargo. When requesting the UDTA to be issued, BUYER MUST provide the following details to the SELLER: a. VESSEL NAME b. VESSEL Q88 c. Vessel Agent full contact details 11. After fund instruments and vessel nomination details are received. The SELLER will issue Unconditional Dip Test Authority (UDTA) to the BUYER. SELLERâ??S agent will contact the BUYERâ??S agent and program the vessel for ShipTo-Ship (STS) loading within 24 hours. 12. BUYER loading LAYCAN will commence 24hrs after the UDTA is issued to the BUYER. BUYER has 96 hours Laycan to finish loading the vessel. CIN: U74999DL2016PTC298417 13. BUYER Dips Tanks prior to vessel berthing. BUYER obtains fresh SGS Quantity and Quality report. 14. After successful Dip Test and Q&Q report. BUYER instructs account manager to make full payment of the full value of commercial invoice via SWIFT MT103 to SELLERâ??S nominated accounts.
BLCO.
Blco.